Earlier Report Observations
The market for fresh or dried bananas in Micronesia showed exceptional stability from 2018 to 2023, with annual production and market volume consistently ranging between 2,040 and 2,042 tons. The complete absence of imports and exports throughout this period meant that domestic production solely determined the market size, resulting in nearly identical figures for output and consumption.
Yearly fluctuations were minimal, never exceeding one ton or 0.05%, reflecting a steady balance between supply and demand. This consistency points to a resilient and well-established domestic agricultural sector for bananas, unaffected by significant external shocks or internal disruptions during these years.
The market maintained its equilibrium without notable expansion or contraction, indicating mature and stable production systems alongside consistent consumer preferences for bananas in Micronesia.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Micronesia
- 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Micronesia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Micronesia
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production bananas in Micronesia
In kind, 2017-2020, t
Top producers of bananas, 2017-2020
World map of production of bananas, 2017-2020
Banana production in Micronesia remained relatively stable in 2020, with an output of 2 042 tonnes. Over the past year, production levels showed minimal fluctuation. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.
Annual dynamics of production in Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.0% | 0.0% | 0.0% | 0.0% |
Exports bananas from Micronesia
According to market research, Micronesia did not export any bananas between 2017 and 2020.
Imports bananas to Micronesia
Imports in kind, kg
Annual dynamics of product's imports to Micronesia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the import partner base for bananas in Micronesia was extremely limited. Mozambique was the sole supplier, accounting for 100.0% of total imports in volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Micronesia in kind, 2017-2020
Imports in value, $ US
Annual dynamics of product's imports to Micronesia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the period from 2017 to 2020, Mozambique served as the nearly exclusive supplier of bananas to Micronesia in value terms, capturing 100.0% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Micronesia in value, 2017-2020
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